Bitcoin Records New High, Option Trading Explodes as Whales Surge

Bitcoin’s price surged past a new all-time high of $111,000 on Thursday morning, igniting increased trading activity on the options exchange Deribit. This record-breaking rally has spurred significant activity in the Deribit options market, resulting in record open interest values reaching $42.5 billion according to CEO Luuk Strijers. 📈 Strijers noted that this Bitcoin price surge has attracted